Group 1 - The USD/CHF exchange rate opened at 0.7945 on September 22, with a slight increase to 0.7968, reflecting a 0.22% rise [1] - The Swiss National Bank's policy interest rate has been reduced to 0%, while the August Consumer Price Index (CPI) is slightly above zero, indicating a combination of economic slowdown and deflationary pressures [1] - The Swiss franc has appreciated by 13% against the US dollar this year, driven by the overall weakness of the dollar and global safe-haven inflows [1] Group 2 - The Swiss franc's continued strength exacerbates domestic deflation risks, prompting market expectations that the central bank may signal future interest rate cuts [1] - There is speculation that the SNB may hint at the reintroduction of negative interest rates to address the excessive appreciation of the Swiss franc [1] - The USD/CHF exchange rate reached the EMA50 resistance level on September 19, contributing to a slight bearish trend, although previous trading showed strong bullish momentum supported by positive signals from the relative strength index [2]
瑞士通缩风险加剧 瑞郎强势升值引央行干预担忧
Jin Tou Wang·2025-09-22 05:03